According to a new research published by OrbisResearch.com, the worldwide stainless steel market is expected to touch $127.19 billion by 2024. The report states that stainless steel will find increased use in a wide range of applications in various industries ...
Recently, nickel prices fell due to the expected increase of domestic supply. Shanghai futures exchange data show that the nickel inventory is 109.5 thousand tons, refreshing the highest record of this year. The London Metal Exchange nickel stock is 372.4 thou...
[Ferro-Alloys.com]China's ferrochrome industry is faced with pressure from both ends. On the one hand, monthly imported ferrochrome hit history high in both June and July with average amount of 0.32 million tonnes, putting China's ferrochrome industry in jeopa...
[Ferro-Alloys.com]The chrome ore market remains strong, extending the uptrend starting from April and running in the opposite direction of tender prices for high-carbon ferrochrome from major stainless steel mills.
Chinese iron ore and steel futures rallied on Friday, breaking a six-day losing streak after hitting one-month lows in the previous session, amid hopes of stronger demand for the metal and its feedstock after the G20 summit.
Iron ore rose almost 4 percent bef...
According to Chinese Customs statistics, in July this year, China’s major stainless steel enterprises exported 127,000 tons of stainless steel. In January-July, China’s major stainless steel enterprises exported 892,000 tons.
[Ferro-Alloys.com]China's ferrochrome prices remained stable, waiting for the new tender prices from stainless steel mills. The new tender prices are expected to remain unchanged due to the mixed market circumstances when the imported ferrochrome surged and th...
[Ferro-Alloys.com]The chrome ore market remains strong when the South African origin chrome ore prices keep hiking. South Africa concentrate 40-42% at RMB34-35/mtu,